low price List of Global DOP Substitute Companies

  • low price List of Global DOP Substitute Companies
  • low price List of Global DOP Substitute Companies
  • low price List of Global DOP Substitute Companies
  • What is the global dioctyl phthalate (DOP) market?
  • The global Dioctyl Phthalate (DOP) market stood at approximately 1200 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.1% during the forecast period until 2032. Dioctyl phthalate (DOP) is used to make flexible polyvinyl chloride (PVC) plastic. Dioctyl phthalate is one of the commonly employed plasticizers in PVC.
  • Why did the dioctyl phthalate (DOP) price decline in China?
  • As a result, the dealers were under pressure to sell their goods, which ultimately caused the DOP price decline in the Chinese market. The global Dioctyl Phthalate (DOP) market stood at approximately 1200 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.1% during the forecast period until 2032.
  • What happened to dioctyl phthalate (DOP) prices in H1 2023?
  • H1 2023: Dioctyl Phthalate (DOP)’s prices remained volatile in Asia Pacific region in H1 2023. Dioctyl phthalate (DOP) prices seemed to exhibit a fluctuating trend in China, peaking in the middle of February and then falling again. The Chinese phthalic anhydride production sites had run steadily in January.
  • Will DOP prices continue moving south in Q1 of 2024?
  • These factors combined contributed to a reduction in DOP costs during the mid of the month. The latest analysis suggests that DOP prices are expected to continue moving southward in Q1 of 2024 as the recent fluctuations in the raw material 2-EH and the decline in the PA market are anticipated to weaken the cost support for plasticizer DOP.
  • Is the Asian dioctyl phthalate market poised to decline in 2023?
  • The Asian market for Dioctyl Phthalate (DOP) is poised to experience a decline with prices in Q1 of 2024, influenced by a global softening in plasticizer demand amid a slower economic recovery and an oversupply scenario. The DOP market faced challenges in 2023, particularly with diminished downstream PVC demand from the construction sector.
  • Why did DOP prices drop in Asia?
  • Despite stable production of downstream plasticizers and major manufacturers making demand-based purchases, DOP prices followed a downward trend in Asian countries including South Korea and China. The market transaction volume of 2-EH weakened, leading to insufficient support for maintaining its high price.

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